CION Investment Corporation Announces Pricing of Public Offering of Unsecured Notes Due 2031

Core Viewpoint - CION Investment Corporation has announced a public offering of $125 million in unsecured notes due 2031, aiming to raise approximately $121.25 million in net proceeds after underwriting costs [1][2]. Group 1: Offering Details - The notes will mature on March 31, 2031, and can be redeemed by the company starting March 31, 2028 [1]. - The notes will have an interest rate of 7.50% per year, with the first interest payment scheduled for March 30, 2026 [1]. - The offering is expected to close on February 9, 2026, and the company plans to list the notes on the New York Stock Exchange within 30 days of the issue date [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to pay down borrowings under the company's senior secured credit facilities [2]. Group 3: Company Overview - CION Investment Corporation is a publicly listed business development company with approximately $1.9 billion in total assets as of September 30, 2025 [7]. - The company focuses primarily on senior secured loans to U.S. middle-market companies, aiming to generate current income and capital appreciation for investors [7]. Group 4: Underwriters - The joint book-running managers for the offering include Keefe, Bruyette & Woods, Inc., B. Riley Securities, Inc., Lucid Capital Markets, LLC, and Oppenheimer & Co. Inc. [3].